• You see, no one actually wants a digital currency. There have been several (nano was my favorite) that functioned especially well as a currency, because it used very little compute power to perform or verify transactions.

    But a currency is stable. Which means you don’t magically make money by holding or trading it. So it doesn’t get attention, and therefore doesn’t get widely adopted.

    Everyone likes Bitcoin because it’s speculative digital gold.

    • frezik ( frezik@midwest.social ) 
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      2 years ago

      It’d be nice to have a singular system for payment around the world. I work on e-commerce sites that take payment in many different countries, and some of those payment providers are better designed than others.

    • Laser ( Laser@feddit.org ) 
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      2 years ago

      nano was my favorite

      Hello, fellow Nanite!

      I recently tried Nano-GPT and had a very good experience (see https://feddit.org/post/3081522/2172497), so there is at least some real-world usage – it’s cool and kind of impressive technology, though spam during certain periods was always an issue and I don’t know how resilient the network is currently.